Zecotek Provides Update for Zecotek Imaging China

Vancouver, April 5, 2018 – Zecotek Photonics Inc. (“Zecotek” or the “Company”) (TSX-V: ZMS, Frankfurt: W1I, OTCPK: ZMSPF), a developer of leading-edge photonics technologies for healthcare, industrial and scientific markets, is pleased to announce that its new subsidiary, Zecotek Imaging China Ltd., has completed the necessary regulatory steps and has establish an office in the Shanghai Technology Zone. The

$5 million raised by selling an equity stake in the company based on a $75 million valuation, previously announced on January 31, 2018, has now been released to the new company and available for deployment.

“We are very pleased to announce the official opening of our new office for Zecotek Imaging China,” said Dr. A.F. Zerrouk, Chairman, President, and CEO of Zecotek Photonics Inc. “We will now move forward to install our own production facilities for our patented LFS scintillation crystals.. It is very important for our Company to gain control over the cost of production to ensure consistency with our customers and supply reliability. The initial focus of the new production facility will be the Chinese and European medical scanning markets.”

Zecotek’s LFS series of scintillation crystals are protected in China and jurisdictions around globe by a worldwide patent (including US patent No. 7,132,060). The crystals cover a wide range of emission wavelengths which can be tailored to match the spectral sensitivity of various photo detectors including Zecotek’s own solid-state MAPD/T photo detector arrays. By using the Czochralski method to manufacture LFS scintillation crystals, Zecotek can grow very large-diameter boules with uniform properties and without cracking (a problem with many competing scintillation materials). Larger, higher quality boules, produce more single elements resulting in greater output with lower unit costs.

This press release may contain forward-looking statements that are based on management’s expectations, estimates, projections and assumptions. These statements are not guarantees of future performance and involve certain risks and uncertainties, which are difficult to predict. Therefore, actual future results and trends may differ materially from what may have been stated.

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